Willis Towers Watson has today announced the transfer of its UK Insurance Investment Solutions Group to the company’s Insurance Consulting and Technology UK Life business from 1 April 2018. Marcus Bowser, Sales& Practice Leader, UK Life Consulting at Willis Towers Watson, said: “Insurers are grappling with a continued low-yield environment and shifting…
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Commercial property insurance rate increases are easing off initial spikes following 2017′ s record natural catastrophe losses, but commercial insurance buyers still face upward pricing pressure on many lines of business for the remainder of 2018, according to leading global advisory, broking and solutions company Willis Towers Watson’s 2018…
U.S. Senators Shelley Moore Capito and Joe Manchin– along with U.S. Representatives David McKinley, Alex Mooney, and Evan Jenkins– today sent a letter to President Trump to express their full support for West Virginia Governor Jim Justice’s request for a federal disaster declaration for the state. The delegation said in part: “To access federal disaster aid, West…
The National Association of Counties issued the following news release:. The National Association of Counties, National League of Cities, Center for the Study of Social Policy, National Institute for Children’s Health Quality and StriveTogether each selected community partners that are demonstrating a commitment to ensuring children have a strong start…
In a letter to the U.S. Department of Justice, the American Antitrust Institute called on the agency to block the proposed merger of retail pharmacy and PBM giant CVS and Big 5 health insurer Aetna. CVS-Aetna would pair up the largest retail pharmacy chain and one of the two largest PBMs with the third largest health insurer in the U.S. The proposed merger raises a…
Today Willis Re, one of the world’s leading reinsurance brokers launched its newly licensed operation in Indonesia. Led by Maruly Sinaga, President Director of PT Willis Reinsurance Brokers Indonesia, the new office will operate from Jakarta and provide reinsurance services to insurance and reinsurance companies across Indonesia. Commenting on the…
Willis Towers Watson has strengthened its Insurance Consulting and Technology business by appointing Mark Brown as Global Product Leader of the firm’s Life Financial Modelling activity. In his new role, Mark will be responsible for global innovation in Life Financial Modelling, including driving the roadmap for its flagship life financial modelling…
April 29– Executives at ProMedica and Welltower Inc. were all smiles this week after they put together a $3.3 billion deal to buy Toledo- based HCR ManorCare, rescuing the nation’s second-largest nursing home chain from bankruptcy and the threat of dismantlement in the future. But Wall Street analysts expressed reservations whether the acquisition of…
“Thank you Chairman John Carter, Ranking Member Lucille Roybal-Allard, and members of this esteemed committee for providing this opportunity for all members to speak about priorities in the Department of Homeland Security, specifically concerning disaster relief in FEMA. “Last year, Houston and the Texas Gulf Coast endured one of the toughest years it’s ever…
Risk Analysis, a peer-reviewed academic journal from the Society for Risk Analysis, published 14 research articles on the following topics in its April 2018 edition:. Insurance, Public Assistance, and Household Flood Risk Reduction: A Comparative Study of Austria, England, and Romania. Communicating Low-Probability High-Consequence Risk, Uncertainty and…
“This affects every woman and girl in the entire city of Stockton. There is no financial obligation to the city, but passage means that Stockton believes in equality for women stated in the United Nations’ 1979 resolution, in a way that the United States and fellow UN members Iran, Sudan, Somalia, Nauru, Palau, and Tonga do not. But Stockton has joined other cities–…
April 28– Medicaid in Arizona– AHCCCS– pays medical bills for new members going back three months, but a proposed policy change would limit that buffer. Arizona is one of several states seeking to waive a section of federal law that requires three months of so-called retroactive or “prior quarter” coverage for newly enrolled members, including those whose…
Fayette County Republican Matthew Dowling, its prime sponsor, says House Bill 2138 applies to the 800,000 “healthy adults” that became eligible for Medicaid since its expansion in Pennsylvania in 2015. Tom Wolf and health care patient advocates, lump the bill among the attempts by Republican-controlled legislatures to scale back Medicaid after Congress…
April 28– BARSTOW– Tough decisions are on the horizon for the fire protection district after Measure J’s failure, but as fall elections approach, officials are looking at ways to get the district back in the black. The city faced a sobering discussion when Barstow Fire Protection District Fire Chief Jamie Williams gave a presentation at the April 16 City Council…
April 29– NEOSHO, Mo.– As Nicole Velasco drove to work on the morning of April 29, 2017, she felt uneasy when she noticed that the heavy rain was causing flash flooding in some areas of Neosho. As she arrived to work and realized the rain was only getting heavier, she decided to return home to get her son and daughter. The Velascos were one of more than 300 residents in…
April 28– From ground moving to buildings going up, it seems new businesses are popping up everywhere in Richmond. Richmond was recently ranked in the top 100 small cities in which to start a business in a report by WalletHub, a personal finance website. Richmond, one of four Kentucky cities to make it in the top 100, ranked 86th out of more than 1,200 small cities in…
April 28– About 17 minutes into a hard-hitting Fox News interview with Environmental Protection Agency Administrator Scott Pruitt this month, a revealing detail emerged about the director’s penchant for diversion and deflection. “Ask the people of St. Louis,” Pruitt interjected. The people of St. Louis are puzzled.
April 26– A Marathon man was accused of driving drunk after a school bus struck his car on U.S. 1. The bus, filled with 23 middle and high school students, was traveling west on 75th Street in Marathon on Tuesday afternoon when the driver, Timothy Hawkins Jr., 41, of Marathon, went to make a left turn onto U.S. 1. Ramon Font, 51, was driving a 2002 Lexus north on U.S. 1 in the inside…
April 24– Two days after a brush fire broke out on Big Pine Key, eventually burning more than 100 acres, Christine Dalton-Godlewski still can’t return to her home. It’s still a dangerous neighborhood off 18th Street, she said, and her insurance agent said her family could be displaced, living at a Key West hotel, for up to two weeks. For many residents of Big Pine, the…
